M.D. Mark, Inc. v. Nuevo Energy Co.

OPINION

MARGARET GARNER MIRABAL, Justice.

This is an appeal from a summary judgment in a breach of contract case involving seismic data licensing agreements, the construction of confidentiality provisions, and the effect of corporate mergers on the rights of the parties. We affirm.

Appellant, M.D. Mark, Inc. (Mark), is the owner of certain licensed seismic data that it acquired through transfer from Professional Geophysics, Inc. (PGI) in 1991. Before Mark’s acquisition of the data, PGI had entered into licensing agreements with: (1) Transco Exploration Company (TXC), a subsidiary of Transco…